Shawmut Design and Construction has joined Draper and Wexford Science & Technology to break ground on the 111,000-square-foot Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts.
BJ’s Wholesale Club Holdings will open four new stores this year, one of which will serve as an innovation lab for testing new assortments, product demonstrations and convenience strategies. The innovation-focused store in Warwick, Rhode Island, will have a smaller format and go by the
Potbelly has plans to grow over the next decade from its portfolio of 443 mostly company-owned locations to 2,000 restaurants that are 85% franchisee-owned. The Chicago-based sandwich chain will target a 10% annual unit growth rate by 2024, with a focus on adding suburban and
Joe and Katy Kindred, the husband-and-wife team behind North Carolina restaurants Kindred and Hello, Sailor, have expanded their restaurant group with a new fast-casual eatery called Milkbread. The cafe serves salads, sandwiches and fried chicken along with its signature item, a fluffy yeasted doughnut. Restaurant
Wyndham Hotels & Resorts has signed the first deal in its Women Own the Room program, designed to bolster financial, educational and networking opportunities for women interested in hotel ownership. Platinum Holdings plans to open two new-construction La Quinta and Hawthorn Suites dual-branded hotels in
Dollar General expects to grow its workforce by 6% this year, adding up to 10,000 full- and part-time jobs across its stores, distribution centers and other operations. The retailer, which operates more than 18,000 US stores and plans to open 1,110 more this year, is
Early signs of construction have appeared at two mixed-use projects in downtown Sioux Falls, South Dakota, with each to offer space for offices, retail, restaurants and recreation. The Cherapa Place project, valued at $225 million, will add three buildings to the existing Cherapa I, and
Kohl’s will expand its in-store Sephora shops from about 200 locations to 850 by next year with a goal of surpassing $2 billion in annual sales from the beauty banner. Kohl’s is also testing a small-format store in Seattle with plans to grow the 35,000-square-foot
IHOP has grown its off-premises business during the pandemic and expects to continue expanding that segment of its business with investments in virtual brands and improved to-go packaging. FSR magazine
Steak ‘n Shake is updating its menu, remodeling the restaurants’interiors and adding ordering kiosks to switch the 88-year-old restaurant brand from full-service to quickserve. The company will spend about $50 million on what Sardar Biglari, chairman of the board of parent company Biglari Holdings, called
The select-service properties that predominate in Highgate Hotels‘ portfolio have inspired the launch of Highgate Select, a new division focusing on select-service, limited-service and extended-stay modes. The New York City-based company’s 533 hotels include 320 acquired in two deals with partner Cerberus Capital Management over
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